Current Attempt in Progress Thomas Fowler borrowed $93,860 on March 1, 2023. This amount plus accrued interest at 8% compounded semiannually is to be repaid March 1,2033. To retire this debt, Thomas plans to contribute to a debt retirement fund five equal amounts starting on March 1, 2028, and for the next 4 years. The fund is expected to earn 7% per annum. Click here to view factor tables. How much must be contributed each year by Thomas Fowler to provide a fund sufficient to retire the debt on March 1,2033? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,583.) Annual contribution to debt retirement fund $ Attempts: 0 of 5 used